Financial Report for 2009
Financial Report for 2009
The year 2009 has focused on economic uncertainty following the severe economic depression and collapse of major financial institutions at the close of 2008 and the beginning of this year. Now, one year later, the economy seems to be recovering, although all Americans have had to rethink their financial priorities.
We could not help but wonder, “How would this affect Christian Ethics Today?”—a Journal totally dependent on the voluntary support of its readers? Despite these concerns, we strongly believed in the conviction of Foy Valentine from our inception in 1995, that the Journal should always be sent free of charge to anyone requesting it “as long as finances and energy allows.”
In 2009, 877 individuals (827 in 2008) gave $89,484—an increase of 8.3% over the $82,602 given in 2008, and a marvelous increase in light of the economic depression.
Can you believe that with this Issue 77, over 250,000 copies have been published, mailed, and distributed. (Our Board of Directors decided in 2008 to produce and mail the Journal quarterly—four times each year instead of five as we had done since 2000.) We could never have accomplished this without your personal and financial support.
Every gift is appreciated—whether $10, $100, or $1000—it takes a village of supporters for us to continue! Most gifts ranged from $25 to $100. A few who were able—foundations, churches, and individuals—gave $1000 or more, without which we could not have made our reduced $90,000 basic budget. Much credit also goes to our capable staff of assistants: Ray Waugh (mailing lists/website) in Austin; Randy Shebek (layout/design) in Des Moines; Etheridge Printing in Dallas; James Kim (mailing) in Lewisville; and Audra Trull (bookkeeping/secretary).
Special Thanks To Major Supporters of the Journal
A special word of gratitude is due to the following supporters who have kept Foy Valentine’s dream alive through their major contributions of $1000 or more in 2009:
- Baptist Foundation/Noble Hurley Fund
- Gulf Winds Int./Steve Stewart, Houston, TX
- Northminster Baptist Church, Jackson, MS
- Patricia Ayres, Austin, TX
- Babs Baugh, San Antonio, TX
- Dr. Patricia Gillis, Statesboro, GA
- E. L. Henry, Baton Rouge, LA
- William Hamilton/Charliene Hooker, Fredericksburg, TX, in memory of Louis and Gladys Hamilton and in honor of L. T. White.Dr./Mrs. Jeph Holloway, Marshall, TX
- Dr. Ronald Kemp, Bolivar, MO
- Don/Patsy Meier, El Paso, TX
- Jim Pate, Dallas, TX
- Dr. Burton Patterson, Southlake, TX
- Dr. Paul Robertson, Sugarland, TX
- Gary and Sheila Rose, Midwest City, OK
- Harold Simmons Foundation, Dallas, TX
- Robert Stephenson, Norman, OK
- Cynthia Wise, Hoover, AL
CIOS/Piper Fund Grant
In 2006, with the encouragement and assistance of Dr. Herbert Reynolds, a submission for a grant from the CIOS/Piper Fund of Waco, Texas, was approved—$25,000 each year for four years. This grant has allowed Christian Ethics Today to sponsor numerous conferences at colleges, seminaries, and churches, as well as fund various projects including providing books, videos, and resources to various conventions, international seminaries, churches, and colleges.
The Journal wishes to thank the Piper family—Katy, Shirley, and Paul Piper—for their generosity in allowing the Christian Ethics Today Foundation to extend its influence and ministry far beyond our dreams and expectations.
SUMMARY OF FINANCIAL STATEMENT 2009
Balance 12/31/08$ 48,749
Gifts/Income 2009 $89,484
Expenditures 2009 $82,696
BALANCE: 12/31/09 $55,537*
*Note: This amount may change slightly due to bookkeeping and reimbursements.
AVAILABLE
The Philippian Fragment (C. Miller); Why Live the Christian Life? (T. B. Maston), Putting Women In Their Place (A. & J. Trull); Whatsoever Things Are Lovely ( F. Valentine); The Minister & Politics (Audio or Video CD of 2007 Conference—Boyd, Campolo, Rogers, & Wallis); CD-Rom of Vol. 1-12, Issues 1-59, 1995-2000 of CET.
“Take Your Choice For A Contribution of $50 or more!
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